Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

Erayak Power Solution Group Inc. (NASDAQ:RAYA)

Bull Market Weakness (+75) - RAYA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RAYA as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RAYA?

MarketClub looks at technical strength and momentum to determine if the timing is right for RAYA.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RAYA
Open High Low RAYA Price Change
0.8740 0.8740 0.8300 0.8399 -0.0341
Entry Signal

MarketClub’s Trade Triangles for RAYA

long term up The long-term trend has been UP since Jan 2nd, 2024 at 1.0900

intermediate term up The intermediate-term trend has been UP since May 13th, 2024 at 0.6959

short term up The short-term trend has been UP since Jun 14th, 2024 at 0.9200

Smart Scan Analysis for RAYA

Based on our trend formula, RAYA is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RAYA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8740 0.8740 0.8300 0.8399 -0.0341
Prev. Close Volume Bid Ask Time
0.8400 11670 2024-06-17 14:32:53
52wk High2.6852wk High Date2023-06-16
52wk Low0.4452wk Low Date2023-12-22
Average Volume48,087Shares Outstanding11,000
Assets35,285,266MLiabilities15,083,178M
P/E Ratio8.74
Get a free daily analysis and signals for Erayak Power Solution Group Inc. (RAYA) - Request Your Free Report.